Banking Wizardry: Deposits Dwindle, Credit Takes Flight in December

In the mystical land of India's banking realm, the latest RBI scrolls reveal a curious saga. As of December 12, deposits grew at a mere 9.7%, while the magic of credit soared to 11.7%! With a 200 basis point chasm, our valiant bankers must conjure deposits to keep the liquidity spell alive. Yet, a mysterious decline of ₹45,344 crore looms. Can they balance their potions and protect their treasures? Only time will reveal the enchantment!




